I came with an idea which will give you tons of profit for this diwali.my best diwali pick!
please buy this for your profit becuase I have experience of like this stocks.this is the stock similar to adani green.
if you had bought adani green it gave profit 78% profit in just 50 days!
this is similar situation here,but this stock hadn't rallied...
ITC perfectly met our targets of 190 for a short term trade.
Now price is testing the 200 Day EMA resistance, which has proved to be a point of rejection multiple times.
We have to keep an eye on it, if price can stay above the daily 200EMA and also cross 210 resistance level (Forming a higher high and a higher low) turning it extremely bullish for the longer term
NG may turn bullish if it takes support in this PRZ. With proper confirmation we can go long, else if pattern gets violated; GO with the existing trend.
Updated previous charts PRZ, as it was violated.
The stock is now at the base of the channel. The W pattern indicates trend reversal. The hammer candle is a clear indication trend reversal. Confirmation of trend reversal is when it crosses the previous high. Level given below :-
Buy above 515.55
A Multi-time frame analysis also indicates trend reversal. The analysis is given below.
The stock is now at the base of the channel. A rejection candle is formed in the daily timeframe indicating a bullish trend reversal from here.
The hammer candle is a clear indication trendreversal. Confirmation of trend reversal is when it crosses the previous high. Level given below :-
Buy above 515.55
Avoid the stock if a big gap up or gap down is...
The stock is at the top of long term and short term channel indicating a trend reversal. can look for shorting opportunities if the stock moves lower.
Look for buying only after both the channels are broken.
This is not a recommendation, Its for educational purpose only.
The stock is forming a wedge pattern, indicating a halt. lets wait till a market tells us where is it headed ??
Buy/Sell only when price clearly crossed the level. Beware of false breakouts. Let the candle close outside of the wedge and let the volume be above the average. This helps to minimize the possibility of false breakout
This is not a recommendation, Its...
A morning star candlestick pattern is formed today which indicates a trend reversal. The same happened before as you can see in the round marking sections. Opportunity for a swing trade.
Buy at 123.85 or you can wait for confirmations.
Please verify it with your technical analysis also.
It was in a downtrend for a long time now, It has reached the resistance line now lets wait and watch what will happen now.
Also keep in mind that ZEEL as well as CNXMEDIA are NR7 candidate
Beware : Please keep in mind and stay away from False Breakout Traps.
Also this is not any recommendation, it is only for educational purpose.
Trade at your own risk.
Heavy resistance @ 149.70
If it breaks the support of 139.4, then it perfect for shorting as per Double Top Pattern.
If it does NOT break the support, it maybe a trend reversal to the resistance or movement of price in sideways.
Warning: Today is the quarterly earning result of COAL IND. Please ensure to look at that too.
Have a different view,...